March 8th, 2019

Make the Most of FINRA’s 529 Share Class Disclosure Initiative FINRA is encouraging firms to undertake a qualitative review of their supervisory practices ranging back to 2013—not a full quantitative analysis of individual 529 plan transactions or recommendations. Read more > Investment Adviser Ordered to Pay $1.6M Restitution to Pension Plan The Department of Labor’s Employee Benefits Security Administration determined he defrauded $2 million from the Rehabilitation Center for Children & Adults Inc. Pension Trust Read more > Stretching the Match May Produce Unintended Consequences for NHCEs A Vanguard study focusing on non-highly compensated employee (NHCE) behavior finds higher match thresholds are typically associated with lower plan participation and lower employee contribution rates. Read more > Colonial Life and FutureFuel Create Student Loan Repayment Solution The firms say strong demand among employers and employees for student loan repayment support solutions made their new partnership “an easy decision.” Read more > MOST READ ARTICLES

Investment Product and Service Launches BNY Mellon rebrands retail side; Hartford Funds introduces securitized income fund; DWS Group launches equity ETF with Finland insurance company; and more. Read more > 2019 Agendas: Retirement Income Plan sponsors are increasingly open to creative solutions Read more > Market Mirror Thursday, the Dow dropped by 200.23 points (0.78%) to 25,473.23, the NASDAQ gave up 84.46 points (1.13%) to 7,421.46, and the S&P fell by 22.52 points (0.81%) to 2,748.93. The Russell 2000 lost 13.19 points (0.86%) to end at 1,523.63, and the Wilshire 5000 fell by 223.53 points (0.78%) to close at 28,463.03. The price of the 10-year Treasury note increased by 14/32, bringing its yield down to 2.640%, and the 30-year Treasury bond rose by 28/32, lowering its yield to 3.026%

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